Users who participate in the pension system must open corresponding personal pension accounts, including personal pension accounts and personal pension fund accounts, in which personal pension accounts are used to record the insured information and personal pension fund accounts are opened in commercial banks. Bank of Communications is also one of the first qualified banks under the personal pension system, so what is the use of the personal pension account of Bank of Communications? Let's get to know each other.

What is the use of personal pension account of Bank of Communications?

The personal pension account of Bank of Communications belongs to the personal pension fund account, which mainly has the following two functions:

1 Payment is required to participate in the personal pension system, and personal pension can be paid by using the personal pension account of the banking industry. After payment, the funds directly enter the personal pension account. At present, the maximum annual payment of personal pension cannot exceed 12000 yuan.

The money in the personal pension fund account of Bank of Communications can be used for investment and wealth management, and can be used to buy financial products such as personal pension insurance, personal pension bank wealth management, personal pension fund and personal pension savings, so that you can enjoy the corresponding wealth management benefits. Personal pension fund account is a special special fund account, so it is not limited by no transaction quota.

In short, in order to participate in the personal pension system, personal pension accounts and personal pension fund accounts are essential. After individual pension payment, the amount goes into the individual pension fund account, and the retirement pension is also collected through this account.